Waverly Advisors LLC Reduces Position in Invesco RAFI US 1500 Small-Mid ETF $PRFZ

Waverly Advisors LLC lessened its holdings in shares of Invesco RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 1.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,109,623 shares of the company’s stock after selling 17,958 shares during the quarter. Waverly Advisors LLC owned about 1.95% of Invesco RAFI US 1500 Small-Mid ETF worth $50,898,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Clearstead Trust LLC purchased a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the 4th quarter valued at approximately $45,000. Howe & Rusling Inc. grew its stake in Invesco RAFI US 1500 Small-Mid ETF by 42.1% in the 4th quarter. Howe & Rusling Inc. now owns 1,030 shares of the company’s stock valued at $47,000 after buying an additional 305 shares in the last quarter. Palisade Asset Management LLC purchased a new position in Invesco RAFI US 1500 Small-Mid ETF in the 3rd quarter valued at approximately $69,000. Sunbelt Securities Inc. raised its holdings in Invesco RAFI US 1500 Small-Mid ETF by 20.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,727 shares of the company’s stock valued at $78,000 after acquiring an additional 297 shares during the period. Finally, Triumph Capital Management purchased a new stake in shares of Invesco RAFI US 1500 Small-Mid ETF during the third quarter worth $80,000.

Invesco RAFI US 1500 Small-Mid ETF Price Performance

Invesco RAFI US 1500 Small-Mid ETF stock opened at $53.46 on Friday. Invesco RAFI US 1500 Small-Mid ETF has a one year low of $40.27 and a one year high of $56.24. The business has a fifty day moving average price of $53.09 and a 200-day moving average price of $49.97. The firm has a market capitalization of $2.75 billion, a P/E ratio of 18.02 and a beta of 1.05.

Invesco RAFI US 1500 Small-Mid ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a dividend of $0.0992 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.40 dividend on an annualized basis and a yield of 0.7%.

About Invesco RAFI US 1500 Small-Mid ETF

The Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) is an exchange-traded fund that is based on the FTSE RAFI US 1500 index. The fund tracks a fundamentally-weighted index of 1,500 small- and mid-cap companies in the US that are selected using fundamental metrics. PRFZ was launched on Sep 20, 2006 and is managed by Invesco.